-The Hindu The rhetoric in the Budget of accelerated, inclusive and sustainable development receives only limited financial backing The general election is over and a new government has been formed. But the campaign does not seem to end. More than an hour of Finance Minister Nirmala Sitharaman’s maiden Budget speech was largely devoted to underlining what she claimed were the remarkable economic achievements of the previous government. Given that legacy, she presented...
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Not by wishful thinking -R Nagaraj
-The Hindu A $5 trillion Indian economy may be attainable if domestic saving and investment are stepped up In early June, at a NITI Aayog meeting, Prime Minister Narendra Modi set a clear and bold economic target — to grow India into a $5 trillion economy by 2024. It is now for ‘Team India’, as the meeting was bannered, to translate this target into a plan and policies and programmes. Historically, such...
More »NDA trounces agrarian crisis to win rural areas -Jitendra
-Down to Earth Despite the rural hinterland being in the throes of agrarian distress, the incumbent coalition has won handsomely in these very areas The incumbent Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) has beaten all odds to win the 2019 Lok Sabha elections. Prominent among these odds was the agrarian crisis that rural India is currently in the throes of. Since 2014, the country has suffered two major droughts and 850-odd...
More »India's economy: broad hints of causes for worry
-The Telegraph Inflation and a poor monsoon may add to our woes in an economy already plagued with high unemployment and low demand The ministry of commerce has released the latest data on wholesale price index Inflation. The data on food Inflation have attracted attention as it soared to a 33-month high in April 2019. However, this rate of Inflation is still moderate at 7.4 per cent. The Inflation has been due...
More »WPI Inflation slides to 3.07% in April on cheaper fuel, manufactured items
-The Hindu Business Line But food prices rise to 33-month high of 7.37% New Delhi: Wholesale Price Index (WPI)-based Inflation for April eased to 3.07 per cent, from 3.62 per cent in the same month last year. The latest WPI print was also lower than 3.18 per cent recorded in March this year. Build up Inflation for the financial year so far was 0.75 per cent, lower than 0.86 per cent in the...
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